United States Public Debt During The Bush Administration 2000 to 2008
The United States Public Debt a Clear and Present Danger to Our CountryThe United States Public Debt is presented by the U.S. Treasury as two calculations: "Debt Held by the Public", defined as U.S. Treasury securities held by institutions outside the United States Government, and the "Gross Debt," which includes intra-government obligations (Treasury securities held by the Social Security Trust fund or the Federal Reserve.)
As of September 30, 2010, the "Total Public Debt Outstanding" of $13.56 trillion was approximately 94% of annual GDP of $14.4 trillion, with the constituent parts of the "Debt held by the Public" being approximately 63% of GDP ($9.0 Trillion) and "Intergovernmental Debt" standing at 31% of GDP ($4.5 Trillion).
The following is a list of the Foreign Owners of U.S. Treasury Securities as listed by the U.S. Treasury most run up during George W Bush years ..
LEADING FOREIGN Owners of US Treasury Securities .....
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Nations Billions of Dollars Percentage
Communist China 846.7 20.8
Japan 821.0 20.2
United Kingdom 374.3 9.2
OPEC Oil Producers 1 223.8 5.5
Caribbean Banks 2 150.7 3.7
Brazil 162.2 4.0
Hong Kong Communist China 135.2 3.3
Russia - Former Evil Empire 130.9 3.2
Taiwan Republic of China 130.5 3.2
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Grand Total 4065.8 100
1 Saudi Arabia, Venezuela, Libya, Iran, Iraq, the United Arab Emirates, Bahrain, Kuwait, Oman, Qatar, Ecuador, Indonesia, Algeria, Gabon, and Nigeria
2 Bahamas, Bermuda, Cayman Islands, Netherlands Antilles, British Virgin Islands and Panama
.